291 E Shore Dr E, Miami FL 33133 | Miami-Dade County | A12030602
  • $3,975,000

Description

Welcome to one of Coconut Grove’s most unique and captivating residences-a fully reimagined contemporary estate nestled within the community of Bay Heights.

Situated on a generous 9,750-square-foot lot, this turnkey residence has been meticulously renovated to create the perfect balance of modern luxury, privacy, and resort-style living.

Bay Heights remains one of Coconut Grove’s best-kept secrets-an exclusive neighborhood known for its oversized lots, mature canopy trees, exceptional security, and strong sense of security and tranquility.

Property Overview

This is a 5-bedroom, 4-bath home of about 2285 square feet at 291 E Shore Dr E, Miami FL 33133 (Miami 33133), listed at $3,975,000.

Monthly Costs, Stated Plainly

The monthly HOA fee is $16.

The tax of record is $27,456 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $79,500/yr (≈ $6,625/mo); with the homestead exemption on a primary residence, about $78,500/yr (≈ $6,542/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.

Frequently Asked Questions

What is the list price, and what typically conveys with a home like this?

The list price for 291 E Shore Dr E is $3,975,000. Fixtures and built-in appliances generally convey with the home, but the MLS record does not state if the property is furnished; you must confirm which specific items convey.

Shared community and on-site amenities are separate from the home's physical assets and are available for confirmation upon request. Contact Christopher Lazaro, Miami Real Estate Agent, to verify these details.

Where exactly is it, and what should I know about the location?

The property is located at 291 E Shore Dr E, Miami FL 33133, situated within a coastal corridor of Miami 33133. This location places the 5bd/4ba residence in a specific waterfront environment.

Contact Christopher Lazaro, Miami Real Estate Agent, to verify location details.

What are the HOA / association fees, and what do they cover?

The monthly HOA fee is $16. This fee covers water, sewer, trash and common-area upkeep, though you should request the full schedule for confirmation.

This community is subject to city ordinances found at https://library.municode.com/fl/miami/codes/code_of_ordinances. Contact Christopher Lazaro, Miami Real Estate Agent, to verify these details.

What are the property taxes and homestead implications?

The tax of record is $27,456 (2025). As an ESTIMATE ONLY, because Florida reassesses at sale, the annual cost at this price and a Miami-Dade rate near 2.0% is about $79,500/yr (≈ $6,625/mo) without homestead, or about $78,500/yr (≈ $6,542/mo) with the homestead exemption. Florida's homestead exemption lowers taxable value only for a primary residence.

Confirm these figures with the Miami-Dade Property Appraiser and a tax professional, as these are estimates, not quotes. Contact Christopher Lazaro, Miami Real Estate Agent, to verify the details.

Is the home in a flood zone, and what does that mean?

Flood zones designate areas based on risk levels, which you can understand through FEMA definitions. View the FEMA flood map for this address to see the specific designation for 291 E Shore Dr E. Lenders often require flood insurance in high-risk zones.

Contact Christopher Lazaro, Miami Real Estate Agent, to verify these details.

Are pets allowed?

This is a single-family home. There is no condo or HOA board dictating a pet policy, so pets are at the owner's discretion subject to city or county ordinance and any existing lease. Documented service animals and ESAs carry separate federal protections.

Contact Christopher Lazaro, Miami Real Estate Agent, to verify specific details.

How is the price set and is there room to negotiate?

The list price of $3,975,000 reflects current market conditions. Miami-Dade single-family homes have recently been closing at 95% of original list, around 41 days to contract (MIAMI REALTORS®, May 2026).

The specific valuation for 291 E Shore Dr E comes from a CMA. We can provide a Miami-specific CMA before you set an offer. Contact Christopher Lazaro, Miami Real Estate Agent, to verify these details.

What financing step do you recommend before touring?

Secure a pre-approval before touring 291 E Shore Dr E to ensure your budget aligns with the $3,975,000 asking price. You should seek the advice of a Florida Licensed Mortgage Loan Officer to establish your buying power.

Contact Christopher Lazaro, Miami Real Estate Agent, to verify these details.

Monthly Fees & Carrying Costs

Association Fee $16 / month
Total Monthly Fees $16 / month
  • Membership Required: No

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

  • Address: Shore Dr E
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33133
  • Area: BAY HEIGHTS

Details

Updated on June 18, 2026 at 6:51 am
  • Property ID A12030602
  • Price $3,975,000
  • Property Size 2285 Sq Ft
  • Bedrooms 5
  • Rooms 9
  • Bathrooms 4
  • Garage 0
  • Year Built 1972
  • Type Single Family Residence
  • Property Status Active, Residential

Additional details

  • Bedroom Features At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Cooling Central Air
  • Association Type Homeowners
  • Building BAY HEIGHTS
  • Association Fee Frequency Monthly
  • Area Bay Heights
  • Annual Tax 27456
  • Association Yes
  • Elementary School Coconut Grove
  • Private Pool No
  • Listing Terms Conventional, FHA, VA Loan
  • Waterfront No
  • Full Bathrooms 4
  • Subdivision BAY HEIGHTS
  • Restrictions No Restrictions
  • Parking Circular Driveway, Covered, Driveway, Paver Block
  • Heating Central
  • Structure Type R30-No Pool/No Water, House
  • Tax Year 2025
  • Construction Concrete Block Construction, CBS Construction
  • Building Area 3690
  • Covered Spaces 0
  • Middle School Ponce De Leon
  • View Garden
  • Year Built Details Resale
  • High School Coral Gables
  • Half Bathrooms 0
  • Flood Zone X
  • Patio / Porch Patio
  • New Construction No
  • Garage Spaces 0
  • Style R30-No Pool/No Water
  • Association Fee 16
  • Lot Size (Sq Ft) 9750
  • Membership Purchase Required No

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